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Ford may exit some markets in South America, says JPMorgan

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Ford, which has a factory in Valencia, Venezuela, says it will do "whatever it takes" to staunch its losses in the region.

Southfield, Michigan

FORD Motor Co is on the verge of taking dramatic action to turn around its money-losing business in South America, including possibly exiting some markets in the region, a JPMorgan analyst said after meeting two of the company's top executives.

"Ford seems to

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